Financial Comparison: Canna-Global Acquisition (NASDAQ:CNGL) and Science Applications International (NYSE:SAIC)

Canna-Global Acquisition (NASDAQ:CNGL) and Science Applications International (NYSE:SAIC) are both business services companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, analyst recommendations, profitability, dividends and earnings.

Profitability

This table compares Canna-Global Acquisition and Science Applications International’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Canna-Global Acquisition	N/A	N/A	N/A
Science Applications International	3.97%	22.88%	7.45%

Analyst Ratings

This is a summary of current recommendations and price targets for Canna-Global Acquisition and Science Applications International, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Canna-Global Acquisition	0	0	0	0	N/A
Science Applications International	1	3	3	0	2.29

Science Applications International has a consensus target price of $150.43, suggesting a potential upside of 2.98%. Given Science Applications International’s higher possible upside, analysts plainly believe Science Applications International is more favorable than Canna-Global Acquisition.

Valuation & Earnings

This table compares Canna-Global Acquisition and Science Applications International”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Canna-Global Acquisition	N/A	N/A	N/A	N/A	N/A
Science Applications International	$7.44 billion	0.97	$477.00 million	$5.56	26.27

Science Applications International has higher revenue and earnings than Canna-Global Acquisition.

Volatility and Risk

Canna-Global Acquisition has a beta of -0.01, suggesting that its share price is 101% less volatile than the S&P 500. Comparatively, Science Applications International has a beta of 0.7, suggesting that its share price is 30% less volatile than the S&P 500.

Insider and Institutional Ownership

19.5% of Canna-Global Acquisition shares are held by institutional investors. Comparatively, 76.0% of Science Applications International shares are held by institutional investors. 72.1% of Canna-Global Acquisition shares are held by company insiders. Comparatively, 0.7% of Science Applications International shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Science Applications International beats Canna-Global Acquisition on 8 of the 9 factors compared between the two stocks.

About Canna-Global Acquisition

Canna-Global Acquisition Corp. does not have significant operations. The company intends to acquire and engage in a share exchange, share reconstruction, and amalgamation with one or more businesses or entities. It intends to focus its search of target business in the cannabis industry. The company was incorporated in 2021 and is based in Marina Del Rey, California.

About Science Applications International

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces. It serves the U.S. army and navy; air force, other Department of Defense and Federal Government; joint commands and space force; federal civilian agencies; health services; and space industries. The company was formerly known as SAIC Gemini, Inc. and changed its name to Science Applications International Corporation in September 2013. Science Applications International Corporation was founded in 1969 and is headquartered in Reston, Virginia.